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>>> glad to have you with us on this edition of "newsline." it's tuesday, november 13th. i'm catherine kobayashi in tokyo. japan's prime minister is getting caught up in his own words. yoshihiko noda suggested a few months ago he would call an election. members of the opposition are putting more and more pressure on him to follow through. but he faces divisions within his democratic party. noda said during the summer that he would call an election in his words some time soon. he says he stands by his promise. >> translator: i am responsible for my own words, and i take their weight very seriously. >> noda told his party's secretary general on sunday that he's thinking of dissolving the lower house by the end of the year. noda set three conditions for calling the elections including passing a debt financing bill. lawmakers expect to enact the legislation soon. kosishi says dissolving the diet would create a political vacuum. >>> we may soon see more american oil tycoons. yu yu yu yu yuko fukushima joins us now. >> we're hearing that the united states will become the world's
for maritime interests. u.s. president barack obama will hold talks with japan's prime minister yoshihiko noda and chinese premier wen. aimed at addressing strained relations over claims to the senekaku islands. the president is expected to stress any differences should be peacefully resolved according to international law. >>> now, japan's prime minister has praised myanmar's rapid reforms. and he's offered the country a development loan worth $600 million. yoshihiko noda met thein sein on the sidelines of the summit. myanmar has made steady progress on political reform. he promises to support the economic development. japan's public and private sectors will back reform efforts. it will be the first yen loan in almost 26 years. myanmar's leaders will use it to refurbish a thermal power plant in yangon. japan's government will extend the loans in february next year at the earliest. myanmar's to foreign investors. >>> letting out a small sigh of relief. trade agreement. joins us from the business desk. what's the story here? >> as you know, political tensions have tied up in parts of east asia.
>>> glad to have you with us on this edition of "newsline." it's tuesday, november 6th. i'm catherine kobayashi in tokyo. financial leaders of nations gathered in mexico. say they'll do everything necessary to achieve global growth. the finance ministers and central bank governors issued a joint statement on monday at the end of their two-day meeting. they said global growth remains modest and downside risks are still elevated. they warned against possible delays in tackling europe's debt problems. they also warned of the u.s. fiscal cliff. fiscal austerity is expected to increase. the finance chiefs cautioned extreme belt tightening could trigger a further slowdown. they point to the failure so far for debt covering bonds. they have decided to present reliable reconstruction plans for 2016 and beyond. called for growth strategies along with fiscal reform. they urge nations in fiscal good standing to step up to stimulate growth. now, it's not only the financial leaders who are worried about the slowdown. yuko fukushima joins us from the desk. how are investors feeling thes
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